- For Sale $2,800,000
- Property Type Multi-Family
- Property Size 9,763 SF
- Units 3
- Lot Size 0.92 Acre
- Property Tenancy Multi-Tenant
- Year Built 1916
- Year Renovated 2022
- Date Updated May 30, 2026
Description
Nestled in the picturesque coastal town of Montara, renowned for its natural beauty and serene atmosphere, the area surrounding the property offers a blend of coastal charm and small-town tranquility. Montara is home to the stunning Montara State Beach, with its pristine sands and rolling waves, providing an ideal environment for outdoor activities and relaxation. Nearby, the Point Montara Lighthouse offers a glimpse into the area's maritime history and scenic coastal views. With its close proximity to these attractions and the surrounding natural landscape, the location presents an enticing opportunity for a Special Purpose/School investor seeking a harmonious balance between education and a peaceful coastal setting.Located in the charming Montara area, this exceptional property presents an enticing opportunity for a prospective Special Purpose/School investor. Boasting a 9,763 SF building with 3 units, this historic structure, built in 1916 and renovated in 2022, offers a blend of character and modern functionality. Zoned R-1/S-17/DR/CD, the property provides flexibility for various potential uses. With a current 30% occupancy rate, there is significant potential for expansion and customization. The prime location and versatile layout make this property an ideal investment for those seeking to establish an educational or specialized institution in a thriving coastal community.
Highlights
- 2022 Roof
- 30% occupancy
- 8 APNS/ 2 Parcels
- 9,763 SF building
- Built in 1916
- Located in the Montara area
- Renovated in 2022
- Value ADD
- Zoned R-1/S-17/DR/CD
False
Contacts
Hamza Mabrouk
Century 21 Masters
Location
Contact Listing Broker
Hamza Mabrouk
Century 21 Masters